Metaverse is the latest concept of technology which is set to change the outlook of interacting with things and communicating among people.

Meta is derived from a Greek word which refers to 'something beyond' or 'after'. Metaverse signifies technology beyond our real universe, capitalizing on the virtual presence. We have experienced virtual reality or augmented reality in our daily lives while we enjoy gaming or online shopping.

Building virtual environment for users to interact and being social, metaverse converges the digital and physical world.

Towards emphasizing the virtual presence rather than real physical involvement of it's users, metaverse aims to socialize using technology where feeling and experience co-exists. However it may reduce physical involvement of the next generation as everything would be available virtually with an exquisite and intimidating feel of the virtual world.

Combining AR and VR into a mixed reality, metaverse is the ever interesting concept which most are either unaware of or are already experiencing it.

ROLE OF NFTs IN METAVERSE

Existence of Non Fungible Tokens [NFTs] in the digital virtual world of metaverse acknowledges the ownership of an asset. The certificate of ownership ensures the actual owner of a digital asset where such assets are highly prone to be duplicated and stolen.

Microsoft CEO Satya Nadella.

NFT refers to a unique token assigned to an user which proves the ownership of digital assets and is secured through blockchain technology. In the metaverse of socialization, NFT plays a vital role in transacting virtual goods and selling assets by creators. A virtual marketplace serves to the need of exploration for buyers where the user's avatar can interact with the digital products and choose among them, further agreeing to an NFT transaction.

Where creators create and buyers explore to acquire, NFTs serve as a building block of security and ensuring maintainence of ownership of the digital assets.